__timestamp | Celldex Therapeutics, Inc. | Verona Pharma plc |
---|---|---|
Wednesday, January 1, 2014 | 20622000 | 1802274 |
Thursday, January 1, 2015 | 33837000 | 2512761 |
Friday, January 1, 2016 | 35979000 | 2894488 |
Sunday, January 1, 2017 | 25003000 | 8096274 |
Monday, January 1, 2018 | 19269000 | 7985229 |
Tuesday, January 1, 2019 | 15426000 | 8994597 |
Wednesday, January 1, 2020 | 14456000 | 29772000 |
Friday, January 1, 2021 | 20488000 | 33907000 |
Saturday, January 1, 2022 | 27195000 | 26579000 |
Sunday, January 1, 2023 | 30914000 | 49868547 |
Data in motion
In the competitive landscape of the pharmaceutical industry, understanding the financial strategies of key players is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Verona Pharma plc and Celldex Therapeutics, Inc. over the past decade, from 2014 to 2023.
Celldex Therapeutics, Inc. has shown a relatively stable SG&A expense trend, with a notable peak in 2016, where expenses reached approximately 36 million. In contrast, Verona Pharma plc's SG&A expenses have surged dramatically, especially in recent years, culminating in a 2023 figure that is nearly 28 times higher than in 2014. This sharp increase suggests a strategic shift, possibly towards aggressive market expansion or increased R&D investments.
These trends highlight the differing financial strategies of these companies, offering insights into their operational priorities and market positioning.
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